In this article, we will discuss the top 14 annual dividend stocks to buy now. Dividend stocks are a great way to invest in the stock market and earn passive income. Dividend stocks are companies that pay out a portion of their earnings to shareholders in the form of dividends.
BRY, GNK, EGLE, CALM, and SFL lead peers by forward dividend yield. These companies have a track record of paying dividends consistently and are expected to continue doing so in the future.
Dividend stocks are attractive investments for those looking for long-term returns. They provide a steady stream of income that can be reinvested or used for other purposes. Dividend stocks also tend to be less volatile than non-dividend-paying stocks.
Here are the top 14 dividend stocks to buy in 2023:
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Apple (AAPL) - Apple is a technology company that has consistently paid dividends over the past decade. The company has a forward dividend yield of 0.6%.
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Microsoft (MSFT) - Microsoft is another technology company that has a strong track record of paying dividends. The company has a forward dividend yield of 0.8%.
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Johnson & Johnson (JNJ) - Johnson & Johnson is a healthcare company that has been paying dividends for over 50 years. The company has a forward dividend yield of 2.5%.
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Procter & Gamble (PG) - Procter & Gamble is a consumer goods company that has been paying dividends for over 100 years. The company has a forward dividend yield of 2.5%.
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Coca-Cola (KO) - Coca-Cola is a beverage company that has been paying dividends for over 50 years. The company has a forward dividend yield of 3.2%.
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Verizon (VZ) - Verizon is a telecommunications company that has been paying dividends for over 30 years. The company has a forward dividend yield of 4.3%.
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ExxonMobil (XOM) - ExxonMobil is an oil and gas company that has been paying dividends for over 100 years. The company has a forward dividend yield of 5.3%.
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AT&T (T) - AT&T is a telecommunications company that has been paying dividends for over 30 years. The company has a forward dividend yield of 7.2%.
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Altria Group (MO) - Altria Group is a tobacco company that has been paying dividends for over 50 years. The company has a forward dividend yield of 7.9%.
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AbbVie (ABBV) - AbbVie is a pharmaceutical company that has been paying dividends for over 10 years. The company has a forward dividend yield of 4.7%.
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Pfizer (PFE) - Pfizer is a pharmaceutical company that has been paying dividends for over 30 years. The company has a forward dividend yield of 4.1%.
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Chevron (CVX) - Chevron is an oil and gas company that has been paying dividends for over 100 years. The company has a forward dividend yield of 4.5%.
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IBM (IBM) - IBM is a technology company that has been paying dividends for over 20 years. The company has a forward dividend yield of 5.2%.
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Royal Dutch Shell (RDS.A) - Royal Dutch Shell is an oil and gas company that has been paying dividends for over 100 years. The company has a forward dividend yield of 3.9%.
These top dividend stocks are attractive at these levels and lower, and they add excellent diversity to a long-term investing portfolio. While it's extremely difficult to have your cake and eat it too, these top safe high-yield dividend stocks may accomplish just that.
If you are looking to generate additional income or balance out your portfolio with some great dividend-paying stocks, there are many options available. I present my top 10 High Yield dividend stocks that are poised to offer strong future returns. Click here to learn more about these stocks.
The 10 selected picks have shown an Average Dividend Growth Rate of 15.48% over the past 5 years. Read about my top 10 dividend growth stocks here.
In conclusion, dividend stocks are a great investment option for those looking for long-term returns and passive income. The top 14 dividend stocks listed above have a track record of paying dividends consistently and are expected to continue doing so in the future. Consider investing in these stocks to diversify your portfolio and earn passive income.
